The Prime Minister of Poland Mateusz Morawiecki stated on Saturday he hoped that the country economy would not drop more than 4% in 2020.
On Saturday, the OPEC countries met with Russian and its other allies' representatives to discuss record production cuts.
Canada has reported a surprise job gains in May by adding nearly 290K positions, after some provinces eased their coronavirus pandemic restrictions on businesses, according to data showed this Friday.
The cell therapy firm Legend Biotech's shares skyrocketed nearly 61% in the US market debut, marking strong investor interest for new IPOs.
Toyota Motor Corp is planning to launch new joint venture with China's auto companies, including FAW Group, GAC and Dongfeng Motor, to develop hydrogen fuel cell systems.
Canada has made a decision to postpone its 5G spectrum auction by six months with intention to allow telecoms firms to shift their focus to providing essential services amid the COVID-19 pandemic.
WeWork's co-founder Miguel McKelvey is set to leave the office-sharing start-up by July during the tough time for the troubled company, as the coronavirus pandemic forced people to work from home rather than use WeWork offices.
The growth stocks and heavyweight technology are driving Nasdaq to its all-time high, as signs of the economic recovery emerge from the coronavirus pandemic, Reuters reported.
Sycamore Partners, the private equity firm, has entered the preliminary talks to buy J.C. Penney Co out of bankruptcy, in case negotiations of the American department store chain with its creditors lose out.
On Friday, Wall Street soared on the unexpectedly high May jobs report, signalling that the US economy is heading to more rapid-that-anticipated recovery after the coronavirus crisis.
Germany's manufacturing orders declined 25.8% in April in adjusted terms, following upwardly revised 15.0% fall in March, Destatis reported.
Budget airline AirAsia Philippines announced plans to layoff 12% of its workforce amid the travel restrictions triggered by the coronavirus pandemic.
WeWork Global is set to invest $100M in its Indian business, looking to ride out the coronavirus crisis, which kept people away from offices.
The US unemployment rate declined slightly to 13.3% as businesses reopen across the country, a statement published by the US Bureau of Labor Statistics shows.
The unemployment rate in Canada reached a record high of 13.7% amid the coronavirus pandemic, a statement published by the Statistics Canada shows.
The Liberian Minister of Foreign Affairs Gbehzohngar Findley and his Moroccan counterpart Nasser Bourita have agreed to strengthen bilateral relations.
The US economy has improved unexpectedly with more jobs added in May, following record-high losses in the previous month, and signalling that the downturn caused by the coronavirus pandemic was potentially over.
On Friday, Canada's plane maker Bombardier stated it would slash 2,5K aviation job positions, which is nearly 11% of the workforce, as the coronavirus pandemic's devastating impact hurt demand.
Britain's Bentley Motors announced its plans on Friday to cut up to 1K job positions, almost a quarter of the company's workforce, blaming the coronavirus pandemic that hit hard the luxury carmaker.
On Thursday, the CEO of Tesla and SpaceX called for a break up of Amazon.com, as he considers it a monopoly.
Jaguar Land Rover has signed agreements with China's lenders over $704.50M worth secured term loan facility, marking the company's first Chinese debt financing.
On Friday, Japan's Toyota Motor announced it would form a new joint venture with China automakers aimed at developing fuel cell systems.
Australia's court has fined Japan's Sony Corp $2.4M for breaking the consumer law by refusing refunds on its faulty PlayStation games, Australian consumer watchdog said.
Slack Technologies missed forecasts by reporting slower quarterly sales growth than expected, as investors hoped for a rise in demand for the company's workplace messaging app amid global lockdowns.